As per the RBI norms which of the following institutions cannot open a Digital Banking Unit DBU Regi...........

Economic Affairs Types of Banks and Banking

As per the RBI norms, which of the following institutions cannot open a Digital Banking Unit (DBU)?

Select the correct code.

1&2 only

2&3 only

1&3 only

All of the above

All codes are correct.

Commercial banks (other than regional rural banks, payment banks and local area banks) with past digital banking experience are permitted to open DBUs in tier 1 to tier 6 centres without having the need to take permission from the RBI in each case. Hence option 4th is correct.

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